$85,823 EMV

1 Bath   1,075 Sq. Ft.
Get the Preforeclosure Address

Allen St
Inkster, MI 48141

Overview

This is located at Allen St, Inkster, MI 48141. This listing is NOT an active listing. Updates to this listing have stopped. This listing may be off the market. No further information is available at this time. It has 1 Bath , 1,075 sqft of living space.
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Status: Inactive
Listing ID: 58415438

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Property Information

  • Bathrooms: 1
  • Living Area Size: 1,075
  • Year Built: 1970
  • Source ID: 21632383
  • Day(s) On Site: 51
  • Subdivision: BURNS VAN ALSTINE
  • Plaintiff: CITIZENS BANK
  • Defendant Name: GLORIA H RUSH
  • Trustee Name: TROTT LAW PC
  • Trustee City: FARMINGTON HILLS
  • Trustee Address: 31440 NORTHWESTERN HIGHWAY SUITE 200
  • Trustee State: MI
  • Trustee Zip: 48334
  • Trustee Phone: (248) 642-2515
  • Deed Category: NFS
  • Mortgage Balance: $33,029
  •  

Potential Home Value

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Public Records

  • Baths: 1
  • Full Baths: 1
  • Rooms: 5
  • No. of Stories: 1
  • Air Conditioning: CENTRAL
  • Exterior Wall Type: CONCRETE BLOCK
  • Land Area Sqft: 7,840
  • Year Built: 1970
  • APN: 44-014-02-0117-000
  • Property Type: Single Family Residence
  • Township: INKSTER
  • Front Footage: 70
  • Depth Footage: 112
  • Living Sqft: 1,075
  • Subdivision: BURNS VAN ALSTINE
  •  

Preforeclosure

Often, the preforeclosure period is the best time to purchase a property. The process begins when a lender first notifies a borrower that his or her loan payments are behind. If a borrower has no other means to bring the payments up to date, he or she is far better served to sell the property as soon as possible before it falls into foreclosure.

First Steps to Buying a Preforeclosure

Preforeclosure status means the owner of the property has defaulted on his mortgage obligation and the lender is taking steps to foreclose on the loan and take possession of the property. This situation places the property owner and the lender in a disadvantaged position. But it may not be too late for the property owner to work things out with his lender.  At the same time the lender may be interested in allowing a short sale (sale of the property for less than the amount owed) just to avoid the costly process of foreclosure on the loan, and then the expense of marketing the property. That leaves open the opportunity for a real estate investor to come in and solve the problem for both parties.

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Auction Information

  • Auction Date: 09-15-2022
  • Auction Time: 11:00 AM
  • Auction Address: 1441 SAINT ANTOINE STREET # 102
  • Auction City: DETROIT
  • Auction Zip: 48226

    Loan Information

  • 1st Mortgage Date: 06-28-1995
  • Mortgage Balance: $33,029

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Rental Value

The estimated rental value for Allen St located in Inkster, MI is $1,131/month. Comparable homes around Allen St that are rentals have monthly ranges starting as low as $900 per month and as high as $1,408 per month. An owner looking to use this property as an investment could bring a return in the area of $900 - $1,408 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
08/08/22 09/15/22 Preforeclosure Citizens Bank N.A.

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Homes On This Street
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Allen St
Inkster, MI 48141

1 Bath   1,075 sq. ft.

$85,823 EMV

Status: Inactive Listing ID: 58415438

Property Information

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Public Records

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Property Description

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Listing URL

https://static.foreclosure.com/listing/address.html?address=Allen-St-Inkster-MI-48141/58415438_lid

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